Trading plan: XRPUSD (Ripple)
The Ripple rate soared up from the level of $ 0.56. The volume of Ripple's purchases is significant.
Priority of the day: buy XRPUSD with a target of $ 0.63.
Of course, it is better to look for a good deal to buy Ripple after a rollback to the zone: $ 0.57 - $ 0.56.
Projected scenarios:
1.Buy XRPUSD from $ 0.57 to $ 0.63.
2.Perhaps a rollback downwards will take a couple of days; Ripple rate may take the lateral movement. It's okay, then we'll wait.
An alternative scenario:
The rate of XRPUSD from $ 0.60 may go down to $ 0.53. Still, the trend is bearish, so such a scenario cannot be ruled out. To confirm this option, we will wait for large volumes for the sale of Ripple.
Priority of the day: buy XRPUSD with a target of $ 0.63.
Of course, it is better to look for a good deal to buy Ripple after a rollback to the zone: $ 0.57 - $ 0.56.
Projected scenarios:
1.Buy XRPUSD from $ 0.57 to $ 0.63.
2.Perhaps a rollback downwards will take a couple of days; Ripple rate may take the lateral movement. It's okay, then we'll wait.
An alternative scenario:
The rate of XRPUSD from $ 0.60 may go down to $ 0.53. Still, the trend is bearish, so such a scenario cannot be ruled out. To confirm this option, we will wait for large volumes for the sale of Ripple.
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